25-Jun-2020
APIA Blog
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218-1 Delayed: A stay, not a pardon
An update on 218-1 The Residential Tenancies Amendment Bill: the deadline for the Social Services and Community Select Committee to report back to Parliament has been pushed out from late June to 13th July. We look at what this means for landlords and where to from here in terms of our collective lobbying efforts. Background On the first week of the lockdown, the Ministry of ... read more24-Jun-2020
Shhh! Heat pump breaches quiet enjoyment?
An APIA members’ recent endeavour to comply with the HHS heating standards brought a couple of issues to the forefront that are worth unpacking here. Her experience in brief: She owns a block of three adjoining flats and made inquiries with a heat pump installer (with whom she has an existing working relationship with) about putting heat pumps into all three units. The installer assessed ... read more23-Jun-2020
Raewyn Stanaway: How to 'winter-proof' your tenancy
The last thing any landlord wants is their tenant moving out in the middle of winter because they find the property cold or damp. Your chances of re renting a cold property quickly at that time of year will be very difficult. Warm and comfortable homes are more appealing and will attract and keep good long term tenants. You will be aware of the Healthy Homes Standards that became law on 1... read more22-Jun-2020
Ryan Smuts: Do banks care about overseas income and debts?
Hell yeah! Banks always want to know your full financial position when assessing lending. They want to understand what your commitments are before they proceed in deciding on whether to lend you further funds. Just because you have liabilities overseas for example, this shouldn’t be treated any differently. It is no different to approaching ANZ for a loan, and not telling them about ... read more22-Jun-2020
Wall insulation? No idea. 🤷♀️
This week's question comes from Phoebe re the HHS compliance statements (paraphrased): Tenancy Services' template HHS Compliance Statement has a section on Wall Insulation. I see that I am only required to disclose the information 'if it's known' but the 'I don't know' option seems to require some explanation for not knowing. How do I prove something I couldn't know? Do I need to buy a prop... read more17-Jun-2020
HHS Heat pumps: A Q&A with Tim Fawdray
Given predictable increase in activities in the heat pump market (the season, HHS compliance deadline and the lockdown being behind us 🤞🏻), we've gotten together with Tim Fawdray, Managing Director of Varcoe, to tackle some of the common issues landlords face when purchasing a heat pump: Q. The heating assessment tool is only telling insofar as what the required heating capacity is for a ... read more16-Jun-2020
COVID-19: Freeze on rent increases explained
Based on the number of inquiries we have received concerning the temporary rules for rent increases (under the COVID-19 Response (Urgent Management Measures) Amendment Act), this FAQ feels appropriate: What is being frozen? Rent increases not rents. Landlords are prohibited from increasing rents during the freeze period. What is not being frozen? Rents and rent increase notice... read more08-Jun-2020
Kelvin Davidson: Which property types provide the best rental yields?
In the coming months, there are likely to be some ‘bargains’ on offer for property investors, although a slowdown in value growth may well mean more emphasis on a property’s rental yield. On that point, three-bedroom houses tend to have better yields than four-bedroom, while apartments tend to yield more than houses. Of course, there are other factors to consider – and the knock to th... read moreRecent Posts
- Bond - it is the tenant’s money
- Personal properties vs chattels
- Ending a fixed-term tenancy to sell
- Landlord held not liable for co-tenants' pets
- How much to increase rent by in response to RTAA 2020
- What's my HHS compliance date?
- Hard for you but su*ks for me
- Cause and consequence are two different things
- Brightline application for 'private transfer' of inherited properties
- Rent increase after substantial work: not a case of $1-in-$1-out
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